Importance of Inspection

As a buyer, you are entitled to know exactly what you are getting. Don’t take

anything for granted, not even what you see or what the seller or listing agent

tell you. A professional home inspection is something you MUST do, whether

you are buying an existing home or a new one. An inspection is an opportunity

to have an expert look closely at the property you are considering purchasing

and getting both an oral and written opinion as to its condition.

Beforehand, make sure the report will be done by a professional organization,

such as a local trade organization or a national trade organization such as ASHI

(American Society of Home Inspection). Not only should you never skip an

inspection, but also you should be present with the inspector during the

inspection. This gives you a chance to ask questions about the property and get

answers that are not biased. In addition, the oral comments are typically more

revealing and detailed than what you will find on the written report. Once the

inspection is complete, review the inspection report carefully.

You have to demand an inspection when you present your offer. It must be

written in as a contingency. If you do not approve the inspection report, then

do not buy the home. Most real estate contracts automatically provide an

inspection contingency.

Previous
Previous

Your Savings and Down Payment

Next
Next

Build a Plan of Action and Get Ready